EXPEDITION

Charter #62964 | MN

100M-500M (1077 CUs) Micro
31 100M-500M in MN

EXPEDITION has 5 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 0.5% in tier
  • + Wallet Share Momentum: Top 2.0% in tier
  • + AMR Growth Rate: Top 4.0% in tier
  • + First Mortgage Concentration (%): Top 4.5% in tier
  • + Members Per Employee (MPE): Top 6.6% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 1.0% in tier
  • - Institutional Decline: Bottom 3.2% in tier
  • - Efficiency Drag: Bottom 4.3% in tier
  • - Stagnation Risk: Bottom 18.6% in tier
  • - Credit Quality Pressure: Bottom 23.7% in tier
  • - Indirect Auto Dependency: Bottom 30.8% in tier
  • - ROA 0.91% below tier average
  • - Efficiency ratio 21.70% above tier (higher cost structure)
  • - Member decline: -14.1% YoY
  • - Member Growth Rate: Bottom 1.8% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Members 14,632
-14.1% YoY-1.3% QoQ
 -996 15,628
-3.4% YoY
 26,738
+5.8% YoY
 33,089
+6.1% YoY
 56th in tier
Assets $221.2M
-0.8% YoY-1.5% QoQ
 $-10.1M $231.3M
-0.0% YoY
 $521.2M
+7.2% YoY
 $547.7M
+7.8% YoY
 57th in tier
Loans $121.8M
-5.1% YoY-1.0% QoQ
 $-26.0M $147.8M
-1.4% YoY
 $373.7M
+9.3% YoY
 $388.7M
+8.6% YoY
 48th in tier
Deposits $198.5M
-0.1% YoY-2.0% QoQ
 $-1.8M $200.3M
-0.0% YoY
 $429.0M
+9.5% YoY
 $464.6M
+9.3% YoY
 59th in tier
ROA -0.1%
-2.6% YoY-50.8% QoQ
 -0.9% 0.8%
+15.5% YoY
 1.4%
-35.4% YoY
 0.7%
+273.4% YoY
 Bottom 5.5% in tier
NIM 2.9%
+9.1% YoY+5.9% QoQ
 -0.7% 3.6%
+6.9% YoY
 3.7%
+9.1% YoY
 3.7%
+5.0% YoY
 Bottom 15.0% in tier
Efficiency Ratio 99.0%
+3.1% YoY-3.2% QoQ
 +21.7% 77.3%
-3.0% YoY
 74.2%
-2.5% YoY
 79.1%
-3.3% YoY
 Top 2.4% in tier
Delinquency Rate 0.4%
+14.7% YoY+74.3% QoQ
 -0.4 0.9%
+7.6% YoY
 0.9%
+10.7% YoY
 1.2%
-0.9% YoY
 30th in tier
Loan To Share 61.4%
-5.0% YoY+1.0% QoQ
 -11.3% 72.7%
-1.5% YoY
 77.1%
-1.5% YoY
 68.0%
-1.7% YoY
 Bottom 23.8% in tier
AMR $21,893
+14.0% YoY-0.3% QoQ
 $-2K $24,363
+2.9% YoY
 $23,275
+3.9% YoY
 $19,418
+1.3% YoY
 46th in tier
CD Concentration 24.2%
-2.9% YoY+5.3% QoQ
 -0.3% 24.4%
+4.2% YoY
 22.0%
+1.9% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 15.3%
-25.1% YoY-8.0% QoQ
 +1.4% 14.0%
-5.8% YoY
 6.6%
-8.5% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#16 of 1006 • Top 0.5% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 14.01%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $3.9K
(Tier: $2.8K, National: $2.0K)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Wallet Share Momentum

growth
#55 of 1006 • Top 2.0% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 14.01%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Concerns (6)

Membership Headwinds

decline
#17 of 550 • Bottom 1.0% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -14.09%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Institutional Decline

decline
#26 of 256 • Bottom 3.2% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $221.25M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -14.09%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -5.11%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Efficiency Drag

risk
#77 of 521 • Bottom 4.3% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 98.98%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.00% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -14.09%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank improving

Stagnation Risk

risk
#307 of 550 • Bottom 18.6% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: -0.12%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -14.09%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $21.9K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 24.15%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Credit Quality Pressure

risk
#586 of 736 • Bottom 23.7% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.05% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 1077 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#495 of 525 • Bottom 30.8% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): -0.78%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 15.32%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -14.09%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 1077 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank worsening

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 1077 peers in tier

Top Strengths (3 metrics)

44
AMR Growth Rate
growth
Value: 14.01%
Peer Avg: 3.64%
#44 of 1077 Top 4.0% in 100M-500M tier
49
First Mortgage Concentration (%)
balance_sheet
Value: 3.49%
Peer Avg: 30.43%
#49 of 1077 Top 4.5% in 100M-500M tier
72
Members Per Employee (MPE)
engagement
Value: 487.733
Peer Avg: 332.881
#72 of 1077 Top 6.6% in 100M-500M tier

Top Weaknesses (9 metrics)

1059
Member Growth Rate
growth
Value: -14.09%
Peer Avg: 0.72%
#1059 of 1077 Bottom 1.8% in 100M-500M tier
1052
Efficiency Ratio
profitability
Value: 98.98%
Peer Avg: 77.28%
#1052 of 1077 Bottom 2.4% in 100M-500M tier
1018
Return on Assets (ROA)
profitability
Value: -0.12%
Peer Avg: 0.79%
#1018 of 1077 Bottom 5.6% in 100M-500M tier
941
Fee Income Per Member
profitability
Value: $93.83
Peer Avg: $174.31
#941 of 1077 Bottom 12.7% in 100M-500M tier
939
Loan Growth Rate
growth
Value: -5.11%
Peer Avg: 3.45%
#939 of 1077 Bottom 12.9% in 100M-500M tier
921
Asset Growth Rate
growth
Value: -0.78%
Peer Avg: 4.70%
#921 of 1077 Bottom 14.6% in 100M-500M tier
915
Net Interest Margin (NIM)
profitability
Value: 2.88%
Peer Avg: 3.58%
#915 of 1077 Bottom 15.1% in 100M-500M tier
878
Deposit Growth Rate
growth
Value: -0.09%
Peer Avg: 4.69%
#878 of 1077 Bottom 18.6% in 100M-500M tier
821
Loan-to-Share Ratio
balance_sheet
Value: 61.38%
Peer Avg: 72.70%
#821 of 1077 Bottom 23.9% in 100M-500M tier